The Existing Blockchain Technology is still in the 2.0 era.
At present, the smart contracts and consensus mechanisms operating on most public chains are contrary to the existing fairness, efficiency and the legitimacy of smart contracts.
As a result, many problems have arisen, such as inefficient transfer, unfair agency mechanism (DPOS), smart contracts of assassinating America president and gaming, difficulties in writing smart contracts. While artificial intelligence blockchain uses the compliance, integrity and security of the smart contract as the quantitative rating to determine who owns the accounting rights, we call it PAI, which can fully solve the problems existing in the current public chain.
First, the scalability of PAI provides a secure, legally compliant template of smart contract for people writing smart contracts.
Secondly, PAI can limit the writing permission of smart contracts to a predetermined range, thus eliminating the possibility of the illegal smart contracts.
Third, PAI compares the frequency of use, the frequency of writing, security, and legality of smart contracts to determine who has the possibility of accounting, thereby improving the overall performance, specification, and frequency of DAO to generate more good DAPPs.
Blockchains that support smart contracts and token systems have the potential to inspire autonomous collaboration between devices to create value. However, due to the unique attributes of the existing public chain, such as the consumption of GAS, mining fees, relatively unfair and other issues, the existing blockchain technology is still in the 2.0 era.
The MAI introduced in this paper is a 3.0 era driven by artificial intelligence-centric blockchain public chain, which has the following four innovations:
1) The leading-edge chain-chain architecture supports a well-balanced distribution network that maximizes scalability and privacy protection in a cost-effective manner.
2)Realize privacy protection in the blockchain by relying on lightweight private addresses and ring signature applications that do not require trusted settings.
3) High-speed consensus mechanism with immediate finality greatly improves network throughput and reduces various costs.
4)Flexible and lightweight PAI system architecture, which accurately controls the generation and execution of smart contracts in the public chain.
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